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April 4, 2008, Newsletter Issue #219: Yours, Mine, and Ours
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Tip of the Week
In a 1995 article by Pahl Jan, titled "His money, her money: Recent research on financial organisation in marriage." Jan Pahl (1995) examined the control and allocation of money within the household to challenge the idea that the household is an economic unit within which resources are shared equitably. The findings suggest that male-managed systems were associated with higher income levels and with male privilege in terms of decision-making and personal spending money. Female-managed systems were associated with lower income levels and with greater financial deprivation for wives. Equality between husband and wife was greatest where money was pooled and managed jointly, but these constituted only one fifth of all households.
This information comes from the abstract in the Journal-of-Economic-Psychology. 1995 Sep; Vol 16(3): 361-376.
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